The Alkaline Water (WTER) Financials

The Alkaline Water (WTER) reported diluted earnings per share of -$2.99 for fiscal year 2023. This represents a 50.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

The Alkaline Water (WTER) had EBITDA of -$21.1M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

The Alkaline Water (WTER) had a gross margin of 18.3% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

The Alkaline Water (WTER) had an operating margin of -34.5% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

The Alkaline Water (WTER) had a net profit margin of -43.0% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

The Alkaline Water (WTER) recorded an outflow of $11.9M in free cash flow during fiscal year 2023. This represents a 63.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

The Alkaline Water (WTER) recorded an outflow of $10.4M in operating cash flow during fiscal year 2023, representing cash used by core business activities.

The Alkaline Water (WTER) had $18.0M in total assets as of fiscal year 2023, including both current and long-term assets.

The Alkaline Water (WTER) invested $1.4M in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

The Alkaline Water (WTER) had a current ratio of 0.68 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

The Alkaline Water (WTER) had a return on assets of -152.0% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

The Alkaline Water (WTER) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2023). The market capitalization is $427K as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

The Alkaline Water (WTER) trades at 0.0x sales, its market capitalization divided by revenue of $62.4M revenue, trailing 12 months to June 30, 2023. The market capitalization is $427K as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2023, The Alkaline Water (WTER) held $1.0M in cash, cash equivalents and investments, and reported an operating cash outflow of $10.4M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

The Alkaline Water (WTER) has negative shareholder equity of -$5.3M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

The Alkaline Water (WTER) has an Altman Z-Score of -11.62, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

The Alkaline Water (WTER) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

The Alkaline Water (WTER) reported a net loss of $27.4M while operations used $10.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

The Alkaline Water (WTER) reported an operating loss of $22.0M against $3.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.